PRESS RELEASE: Harris Corp. Leases 161,359-SF in Arboretum II for Consolidation of Several Area Offices

VIENNA, VA. – Transwestern today announced it completed an 11-year lease with Harris Corp. for 161,359 square feet in Arboretum II in Herndon, Va. The international communications and information technology company will consolidate several area offices into Arboretum II’s North Building at 2235 Monroe St., bringing it to 97 percent leased. Harris selected Arboretum II for its technical infrastructure, 90 percent of which is classified as a Sensitive Compartmentalized Information Facility (SCIF).

In addition, Lockheed Martin, a global security and aerospace company, signed a 13-month lease renewal for 161,359 square feet in the property’s South Building, located at 2245 Monroe St. Lockheed Martin remains the sole occupant of the 100 percent leased South Building.

The North and South buildings of Arboretum II are six-story Class A office buildings constructed in 2002. The buildings offer tenants a three-level parking garage, walking trails, signage opportunity along the Dulles Toll Road and views of Sunrise Valley Park. The property is conveniently located near the Dulles Toll Road, Fairfax County Parkway, Route 28 and Dulles International Airport. It is adjacent to the future Herndon-Monroe Metro stop on the Silver Line. Additionally, the property is just minutes from Reston Town Center and its seven other village centers.

ABOUT HARRIS CORPORATION

Harris is an international communications and information technology company serving government and commercial markets in more than 125 countries. Headquartered in Melbourne, Florida, the company has approximately $5.5 billion of annual revenue and about 15,000 employees – including 6,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications products, systems and services.

ABOUT LOCKHEED MARTIN

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 118,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products and services. The Corporation’s net sales for 2012 were $47.2 billion.

ABOUT TRANSWESTERN

Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 33 U.S. offices and assists clients through more than 180 offices in 36 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit www.transwestern.net and follow us on Twitter: @Transwestern. Follow Transwestern’s Washington D.C. office on Twitter: @TranswesternDC.